The City of Huntsville, Alabama received a $724,780.35 Formula Grant award on December 18, 2024 under the Home Investment Partnerships Program (CFDA 14.239), which is administered by the U.S. Department of Housing and Urban Development (HUD). This program provides grants to state and local governments to expand the supply of affordable rental and owner-occupied housing for low- and very low-income Americans. With this funding, the City of Huntsville will undertake activities such as rehabilitating owner-occupied housing, providing homebuyer assistance, acquiring and constructing affordable rental housing, and offering tenant-based rental assistance. The city must reserve at least 15% of the HOME funds for projects owned, developed, or sponsored by Community Housing Development Organizations to ensure community involvement. The grant period extends through September 30, 2033. The specifics of any sub-recipient activities are not provided in the information given.
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